avis06
Short

EUR/USD Could Resume Downtrend

FX:EURUSD   Euro Fx/U.S. Dollar
36 0 0
A three-candle line pattern that looks close to the Stick Sandwich is spotted on the EUR/USD             daily chart . According to Bulkowski's chart patterns, "The candlestick is supposed to act as a bullish reversal in theory, but actually performs as a bearish continuation most often." Since the overall trend is still downward, I would go for a bearish setup.
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